ZAP to Roll Out Smart Cars to Dealers in Eight More U.S. States; ZAP Prepares Distribution Plans for Fuel-Efficient Automobiles
SANTA ROSA, Calif.--June 9, 2005--ZAP (OTCBB:ZAPZ), pioneering the next generation of advanced transportation and energy technologies, announced today it would be delivering U.S. certified Smart Cars Americanized by ZAP to qualified dealers in eight U.S. states. All vehicles have been paid for and are in ZAP's current inventory of Smart Cars purchased from suppliers not affiliated with DaimlerChrysler and/or smart GmbH.One of the most fuel-efficient internal combustion cars in the world, the Smart Car ForTwo Coupe is already sold in Europe, Canada and other countries. ZAP says a model of the car is now fully compliant with federal safety and emissions standards, and fully compliant for sales in 45 U.S. States. Excluded are California and four other states that follow different emissions testing procedures, which are not yet completed.
The eight dealers will be announced individually as part of ZAP's marketing launch in each of the respective markets. The states where these dealers will be located include Connecticut, Florida, New Hampshire, North Carolina, Texas and Washington. In a ceremony last month, ZAP delivered the first Smart Car Americanized by ZAP through an authorized dealership in Reno to a Nevada purchaser.
ZAP is establishing a distribution portal and hub of automotive dealerships that cater to car-buyers looking for the next generation in automotive fuel technologies, including energy efficient, low-emission and advanced technologies. The Smart Car is one of several vehicles ZAP is developing to offer through this distribution network.
About ZAP
ZAP, Zero Air Pollution(R), has been a leader in advanced transportation technologies and energy products since 1994. ZAP has a 10-year license to the technology developed by Smart-Automobile LLC to Americanize the popular European-made Smart Car for the U.S. marketplace. ZAP Americanizes the Smart Car to meet U.S. federal and state safety and emissions standards. ZAP is not affiliated with, or authorized by, smart GmbH, the manufacturer of SMART automobiles, or the smartUSA division of Mercedes-Benz LLC, the exclusive authorized U.S. importer and distributor of those vehicles. The Smart Car is manufactured by global automotive company DaimlerChrysler. ZAP purchases its vehicles from non-affiliated direct importer Smart-Automobile LLC. For more information, visit http://www.zapworld.com. For investor-specific information, visit http://www.trilogy-capital.com/tcp/zap. To read or download the Company's Investor Fact Sheet visit http://www.trilogy-capital.com/tcp/zap/factsheet.html.